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Japan's Economy Faces First Contraction in Six Quarters

11/7/2025

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Summary

Story summary

Japan's economy likely contracted for the first time in six quarters, posting a 2.5% annualized decline in GDP for July–September after 2.2% growth in the previous quarter, per Reuters poll.
The slowdown stems from export declines amid United States tariffs, cutting net exports by 0.3 percentage points.
The United States imposed a 15% tariff on Japanese imports, affecting the auto industry.
The government will release official GDP data on November 17.

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Story summary

Japan's economy likely contracted for the first time in six quarters, posting a 2.5% annualized decline in GDP for July–September after 2.2% growth in the previous quarter, per Reuters poll.
The slowdown stems from export declines amid United States tariffs, cutting net exports by 0.3 percentage points.
The United States imposed a 15% tariff on Japanese imports, affecting the auto industry.
The government will release official GDP data on November 17.